FedEx is a full-rate taxpayer

2:41 AM,
Sep. 12, 2013

Michael Fryt

Written by

Michael Fryt

In a Sept. 9Tennessean guest column, MaryAnne Howland cast a light on Fed­Ex that is both erroneous and unfair. She insinuated that by benefiting from loopholes, "accounting gimmicks," and international reinvestments, FedEx does not pay its fair share of taxes and thereby undermines the fiscal health of small businesses.

She could not be more wrong.

FedEx is a full-rate taxpayer, paying all taxes owed to local, state, federal and foreign governments. In fact, FedEx paid $3.5 billion in federal income taxes in the past 10 years, but that's a small part of the story. Overall, we pay a lot more. ...